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Oil prices jump more than $4 after Israel strikes Iran

Reuters06-13

Oil prices jump more than $4 after Israel strikes Iran

June 13 (Reuters) - Oil prices jumped more than $4 a barrel on Friday after Israel said it struck Iran, raising concerns of escalating tensions in the Middle East that may affect oil supplies.

Brent crude futures LCOc1 were up $4.02, or 5.8%, at $73.38 a barrel. U.S. West Texas Intermediate crude CLc1 was up $4.35, or 6.39%, at $72.39 a barrel at 0029 GMT.

(Reporting by Sam Li and Liz Lee; Editing by Christian Schmollinger)

((liz.lee@thomsonreuters.com;))

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